Ukraine expects its new $8.2 billion programme with the International Monetary Fund to be formally approved in weeks, its debt chief has told Reuters, a
telegraphed but symbolic step, with the war with Russia about to grind into a fifth year.
The agreement, which is set to replace an existing $15.6 billion IMF facility, will help Kyiv maintain economic stability and public spending against what is expected to be a near $140 billion budget shortfall over the next few years.
In an interview with Reuters, Ukraine’s long-serving debt management head, Yuriy Butsa, said formal IMF Board sign-off on the money should come very soon.
“I would expect it in a matter of weeks,” Butsa said during an interview in London where he was attending meetings. “I think February is still doable in terms of a timeline.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Ukraine expects its new $8.2 billion programme with the International Monetary Fund to be formally approved in weeks, its debt chief has told Reuters, atelegraphed but symbolic step, with the war with Russia about to grind into a fifth year.The agreement, which is set to replace an existing $15.6 billion IMF facility, will help Kyiv […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-36615","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n